News Archive for February 5, 2013

Making It in Fashion's New Media World
It's hard to break through in the fast-evolving spheres of style blogging and social media. Several new voices in the industry have been joining the Wall Street Journal to talk about what it takes to succeed in their world.

Signing Day Loses Its Voice
Usually, college-football signing day on Paul Finebaum's radio show is a red-letter day. But this year is different. On Wednesday, fans will find no Finebaum show on Birmingham, Ala.-based WJOX or on the Internet.

Bryant's Late Show Upstages Nets
Barclays Center nearly shook to the ground when Lakers guard Kobe Bryant slipped past one Brooklyn Net before dunking on power forward Kris Humphries to give Los Angeles a lead in a tight game, won by the Lakers.

Devils, Brodeur Again Stop the Rangers Cold
Adam Henrique scored a goal that helped propel the New Jersey Devils to a 3-1 victory over the New York Rangers as goaltender Martin Brodeur stopped 24 of 25 shots.

Mixing Math With Fashion
Chromat designer Becca McCharen will display her highly structural, geometric pieces for the first time in New York on Wednesday afternoon, just ahead of the official start of Fashion Week.

A Hotel-Condo Revival
Developments that combined luxury hotels with pricey condominiums got hammered during the downturn, but now a revival of these projects is under way in a handful of major U.S. cities popular with international buyers.

Asian Collectors Get Back into Western Art
Art collectors from Asia reasserted their purchasing power at a large auction at Sotheby's, taking home several of the sale's priciest pieces—including a $45 million Pablo Picasso portrait.

Nuclear Plant Report Evaluates Fish Impact
The federal fisheries service says the continued operation of two nuclear plants in the New York City suburbs would have an "adverse effect" on two endangered species of sturgeon, but wouldn't come close to wiping them out.

School Money Lawsuit Filed
An attorney who once successfully sued to increase New York state school funding on Tuesday challenged the state's decision to withhold about $250 million from New York City.

Brooklyn Museum Tests A Democratic Model
For some artists, the "GO" project has meant unexpected and welcome recognition. But others are unhappy that the public has been given a role in deciding what art will be displayed in a major American museum.

Liberty Global to Buy Virgin Media
John Malone's Liberty Global has agreed to acquire U.K. cable-television and Internet provider Virgin Media for $16 billion, in a deal that may create a stronger rival to market leader BSkyB.

Commodity Indexes See Investor Exit
Pension funds and other institutions are retreating from popular investments linked to commodities after finding they did little to protect their portfolios against inflation risk and the unpredictable returns of stocks.

Nuclear Talks Between Global Powers Set to Start
Iran formally agreed to resume stalled talks with global powers aimed at curbing Tehran's nuclear program, offering the Obama administration's new national-security team a shot at resolving one of the world's most intractable security challenges.

Authorities Say Guard Had Sex With Murderer
A female corrections officer was charged Tuesday with having sex with an inmate facing the death penalty for the 2003 murders of two New York Police Department officers.

Citi Field's Neighborhood Won't Have a Casino
Don't expect to play a few hands of poker after taking in a game at New York Mets game at Citi Field. The Queens Development Group, the joint venture to redevelop the land around the ballpark, said its plans don't include a casino.

Woodson Lights a Fire Under Chandler
Knicks center Tyson Chandler was recently summoned to what he called the "principal's office," where coach Mike Woodson told him to pick up his game. Since then, Chandler has three consecutive 20-rebound performances—the first Knicks player to do so in 43 years.

SEC Is Urged to Study Effects of Pricing Small Stocks in Nickels, Dimes
U.S. stock exchanges, banks, trading firms and mutual funds on Tuesday urged the Securities and Exchange Commission to study the effect of pricing some small stocks in nickels and dimes, rather than in pennies.

Deron Williams's Assists Need Help
The Brooklyn Nets' Deron Williams has been closing in on a statistical milestone. Williams was seven assists shy of 5,000 for his career entering Brooklyn's home game Tuesday night, but his team's style of play has hurt his numbers.

In Spain, a Property Bargain-Hunter's Dream
The Spanish government took control of troubled real-estate assets late last year and now is expected to sell them off at bargain prices as part of efforts to put an end to a banking crisis triggered by the land bust.

Ireland 'Bad Bank' Tries to Make Good With Sales
When Ireland set up a so-called bad bank to manage the country's mountain of distressed real-estate assets in 2009, critics blasted its plan to liquidate its properties and loans over the long time frame of 10 years. Three years later, these detractors are saying that time has proved them right.

The Jazz Scene: Dancing With Olu Dara, Singing the Songbook
This week's Jazz Scene calendar leads off with a tribute to Olu Dara in Harlem and moves on to several singers around the city including Amanda McBroom at the Carlyle and Carole J. Bufford at the Metropolitan Room.

Brookfield Faces Bribery Charges
A Brazil prosecutor filed civil charges against a unit of Brookfield Asset Management, one of the world's largest property investors, alleging that the subsidiary committed bribery to win construction permits.

The Truth Sets Mark Teixeira Free
The New York Yankees' Mark Teixeira, 32, recently spoke about the toll of aging and the readjustment of expectations. His self-awareness seems significant because the aging process for athletes has been perverted.

Teenager Gets Call as Rangers Reshuffle
Without much warning, the Rangers decided to plunge 19-year-old forward J.T. Miller, their 2011 first-round draft choice, into his first NHL game Tuesday night. It just happened to be a big one against the Devils.

People With Mental Illness Smoke at Far Higher Rate
More than a third of adults with mental illness smoke, a rate that is about 70% higher than those with no mental illness, according to a government report.

Oyster Farm Fails to Block Order to Move Out
An oyster farm that is under federal order to vacate the rugged coast north of San Francisco lost an attempt to block the ouster, increasing the likelihood it will lose its fight to remain open.

Lawmakers Seek Easing of Pot Curbs
U.S. representatives from Colorado and Oregon proposed legislation to weaken federal restrictions on marijuana—the first steps in an attempt to address a growing gap between federal pot curbs and the increasing number of marijuana-friendly state laws.

Iran Official Probed on Undeclared Check
A former head of the Iranian Central Bank is at the center of a $70 million smuggling probe after German customs officials in Dusseldorf seized an undeclared check he was holding from a Venezuelan state-run bank.

Taking a Tougher Stand on CEOs With Bad Returns
Keen to avoid investor outcry, a growing number of U.S. companies are limiting the stock rewards for top leaders in down years by restricting certain compensation when total shareholder return is negative.

Chicago Dials Back on 911 Responses
Chicago police have stopped physically responding to some 911 calls for non-life-threatening issues so officers can focus on stemming the city's rising homicide rate.

Cantor Says GOP Must Broaden Its Focus
House Majority Leader Eric Cantor called on the GOP to broaden its focus beyond tax and spending cuts and take up education and other issues of importance to families.

Colgate's Pet-Food Image Bites Back
Colgate Co.'s Hill's Science Diet pet food has found itself on the wrong side of a shift in consumer taste. The image of lab-engineered nutrition has become a liability in an age where the new mark of quality is organic or natural.

Twitter on Route to Maturity—Maybe IPO
Twitter CEO Dick Costolo talks to The Wall Street Journal about spurring staff to take risks and the thinking behind the company's purchase of video startup Vine.

Nasdaq Faces Facebook Fine
Any settlement is likely to include a fine of about $5 million. Talks are taking place parallel to discussions about payments to customers who suffered losses in the botched IPO.

Insurer to the World
In the 1960s, AIG insured a CIA mission to retrieve a sunken Soviet submarine from the floor of the Pacific Ocean. James Freeman reviews Maurice R. Greenberg and Lawrence A. Cunningham's "The AIG Story."

Delphi Chief Sees Europe Car Market Near Bottom
Auto parts maker Delphi said the worst in the struggling European automotive market may now be over as the sector bottoms out, and the region could finish the year on a small uptick.

Gang Rapes Six Spanish Tourists in Acapulco
Mexican authorities are searching for a gang of hooded gunmen who raped six Spanish tourists in Acapulco, as security at the once-glitzy Pacific beach resort continues to deteriorate.

States Look to Pay Repair Tab
Taxpayers and motorists could be billed for fixes to a fraying infrastructure, as governors float ideas to raise revenue for repairs that include tying vehicle-registration fees to mileage.

U.S. Cities' Gun Laws Hit Roadblock
Gun-rights advocates are aggressively using state 'pre-emption' laws to roll back local gun restrictions or prevent passage of new laws. Tucson, the site of a 2011 mass shooting, is struggling with Arizona over state law.

Obama to Visit Israel, West Bank in Spring
President Obama plans to visit to Israel, the West Bank and Jordan in the spring, stepping into some of the thorniest foreign-policy challenges facing his second term.

White House Weighs Emission Rules
Obama in next week's State of the Union will lay out a renewed effort to combat climate change that is expected to include using his authority to curb emissions from existing power plants.

China-Japan Dispute Puts U.S. in Tricky Spot
Washington has been scrambling to defuse the dispute over uninhabited islands in the East China Sea — worried that it could undermine the U.S. security strategy in Asia if mishandled.

Microsoft's Marriage Made in Dell
Microsoft's investment to finance the Dell buyout is yet another way to support the suffering PC ecosystem. Before long, though, the software giant may have to give ground on some of its profits, too.

New Mexico Case Looks Into Online Prostitution
The New Mexico Supreme Court will hear arguments Wednesday on a tricky modern issue: Is a website that allegedly helps arrange hookups with prostitutes the legal equivalent of a brothel?

Russell Westbrook: The NBA's Cal Ripken
Oklahoma City Thunder point guard Russell Westbrook has the longest active consecutive games streak but would have to play every game for nearly another decade to match A.C. Green.

Singapore Aids Match-Fixing Probe
Singapore police on Tuesday said they are helping European authorities investigate an international criminal syndicate said to have fixed hundreds of soccer matches from its base in the city-state.

Navy Trims Fleet Goal to 306 Ships
The U.S. Navy slightly scaled back its projected fleet size, stoking concerns among some in Congress over cost-cutting steps they say could jeopardize military plans and naval deployments.

Home-Design Help—At What Cost?
Zillow Digs, a new app and website, shows photos of beautiful rooms and provides estimates of kitchens and bathrooms that tell people how much it might cost them to do the same remodel in their homes.

Richard Thompson: Still 'Electric' After All These Years
Richard Thompson is a superior guitarist who always plays with a clear tone and exquisite taste, and provides no small amount of head-snapping surprises—features present in abundance on his latest album, "Electric."

Irish Apology on Workhouses
Irish Prime Minister Enda Kenny apologized for the harsh conditions suffered by generations of women forced to work in so-called Magdalen Laundries, after a report found that the state helped finance the church-run workhouses and steered women into them.

New BlackBerrys Go on Sale in Canada
Research In Motion started selling its new BlackBerrys across its home market of Canada, with two of the country's biggest carriers reporting strong orders and investors bidding up RIM shares.

Hezbollah Tied to Bulgaria Bombing
Bulgarian investigators linked Shiite group Hezbollah to a deadly July bomb attack on Israeli tourists in the country and identified two of the alleged perpetrators as residents of Lebanon traveling on Australian and Canadian passports.

'Angry Birds' Cartoons Planned
Rovio Entertainment plans to release a series of short, animated "Angry Birds" episodes this spring, but the cartoons are likely to be available through mobile devices, rather than through a TV network.

Apple Adds Self-Published Section to iBookstore
Apple on Tuesday launched a new section on its iBookstore called Breakout Books, featuring only self-published works, in yet another indication that self-published writers are gaining ground with readers and retailers.

Inside Pinterest's Headquarters
Pinterest is in talks to raise a new round of financing at a $2 billion to $2.5 billion valuation, according to people familiar with the matter. Take a look at the company's San Francisco headquarters, which it plans to move out of this year for a bigger space next door.

Service Sector Expands but Pace Slows
The U.S. nonmanufacturing sector expanded last month but at a slower pace, as a deceleration in business activity outweighed a rise in employment, according to data from the Institute for Supply Management.

Advice for Aspiring Middle-Class Folks
I have a few suggestions for Joan Sirefman's hypothetical person earning $44,000 a year who cannot afford rent for little over a week's pay (Letters, Feb. 2), not to mention, food, utilities, automobile and clothing.

Honor Lee Marvin's Combat Record
As the widow of Lee Marvin, who was mentioned in Richard B. Woodward's moving tribute to the heroic Charles Durning "An Appreciation: Too True to Life" (Leisure & Arts, Jan. 2), I'd like to point out that while some of the actors mentioned in the article along with Lee might not have seen dreadful combat as Mr. Woodward said, "none of these had to stomach as much actual war as Durning." But Lee did.

Vested Interests Like The Agriculture Law
Burleigh C.W. Leonard hits the nail on the head with his proposal to repeal 1938 and 1949 "permanent law" that makes it imperative to renew farm policy every four or five years ("Time to Defuse the 'Food Bomb' in Farm Policy," op-ed, Jan. 23).

U.K. Moves Toward Gay Marriage
British lawmakers voted in favor of allowing same-sex couples to marry, taking a major step Tuesday toward adding the U.K. to a growing list of jurisdictions around the globe legalizing the practice.

U.S. Can Learn From French Lack
In "Why France Can't Fight" (Review & Outlook, Jan. 28), the courage, fighting skill, élan and self-sacrifice that have epitomized the French military since 1792 seem yet again at risk of being squandered as they were in Indochina some 60 years ago, and for the same reasons.

BP Cedes Top U.S. Gulf Spot to Shell
After four years as the biggest oil producer in the U.S. Gulf of Mexico, BP saw its output decline in 2012 due to maintenance work and asset sales, putting Royal Dutch Shell back on top.

The Court Ruling on Those at the Helm at the NLRB
Regarding your editorial (Jan. 29): The National Labor Relations Board "respectfully disagrees" with the circuit court decision in Noel Canning v. NLRB that three of its nominal members lack qualification to hold their jobs.

Will We All Look for the Union Button on the Lab Coat?
David Leffell is correct in pointing out the transformation of American medicine from private practitioners to salaried employees, and I agree that unionization (SEIU) is inevitable ("The Doctor's Office as Union Shop," op-ed, Jan. 30).

Want Young Talent? Skip the History Lesson
As the adviser population grays, attracting and retaining top young talent is becoming increasingly important. But younger advisers' view of success is like them: new and different.

Total Picks EDF Consortium for TIGF Sale
Total SA confirmed it entered exclusive talks with a consortium led by Électricité de France SA to sell its natural-gas transport and storage unit TIGF, for a price valuing the company at $3.26 billion.

UBS Advances Closer to Target
UBS's full-year results provide further comfort that Sergio Ermotti's radical strategy to restructure the Swiss bank is achievable—although it also suggests investors may have to be patient as they wait for the return of bumper dividends.

Will Oldham Pastes His Page Into the American Songbook
Famously reticent with the press, the musician also known as Bonnie "Prince" Billy spoke with The Journal about the various meanings of American song and his place in a Lincoln Center concert series devoted to it.

Anglo American Wants Partner for Brazil Project
Anglo American board members want the company to quickly find a partner for its costly iron-ore project in Brazil and to sell one of its most unprofitable platinum mines in South Africa.

Congo M23 Rebel Talks Falter
A scheduled negotiation session between Congo's M23 rebels and the government failed to take place Tuesday, the same day Human Rights Watch accused both sides of committing war crimes.

Fiat to Close Chrysler Deal Next Year
Fiat said it expected to complete its acquisition of Chrysler next year, once the Italian auto maker reached a price agreement for the remaining stake in its U.S. unit.

Pemex Operations Unaffected by Headquarters Blast
Officials at state-owned oil company Petroleos Mexicanos said its investment, financing and production plans this year haven't been affected by last week's explosion at its Mexico City headquarters.

AIG, Fortress Unit Test ABS With Personal-Loan Securitization
The consumer-lending joint venture of Fortress Investment Group and AIG is planning a rare securitization of subprime personal loans as early as this week, in the latest test of risk appetite for asset-backed bonds.

Indian Executive Resigns
A senior executive resigned from Cedar Support Services, a sister company of Bharti Retail, according to people familiar with the matter. Cedar is part of a probe into whether Wal-Mart Stores violated India's foreign-investment rules.

Obama Seeks Delay in Automatic Cuts
The president called on Congress to pass a small package of spending cuts and tax overhauls to delay automatic spending cuts, saying thousands of jobs and the economy hang in the balance.

Platinum, Palladium Surge on Supply Concerns
Platinum and palladium futures soared to multimonth highs amid fears that both metals will become scarce if the South African platinum industry delivers on calls for widespread mine closures.

Rand Leads Gains in Emerging-Market Currencies
The South African rand led emerging-market currencies higher in a move that harks back to last year's sessions when all higher-yielding assets moved in sync.

Colombia Rebels Kidnap Two Foreigners
A Colombian rebel group said it had taken hostage two Germans who may be spies, the latest in a spate of kidnappings by guerrilla groups that has roiled this war-torn South American nation.

Goldman 'BRIC' Creator to Retire
Jim O'Neill, Goldman Sachs' influential market strategist and the man who coined the term BRICs, an acronym for the fast-growing economies of Brazil, Russia, India and China, will retire later this year.

UBS Advisers Hit $1M Average Productivity Goal in U.S.
UBS Wealth Management Americas shines in the fourth quarter, with average production per adviser rising to $1 million, a level the firm has spent years striving to hit.

BOJ Governor Offers to Step Down Early
Bank of Japan Gov. Masaaki Shirakawa, facing intense pressure for stronger monetary easing, said he offered to step down three weeks earlier than planned, clearing the way for a new top team.

China Tackles Income Divide
China unveiled guidelines on its long-awaited income redistribution plan by saying it would boost income for the poor, tighten its grip on illegal income and ask state companies to contribute more profits to the government.

Vonn Crashes, Is Hospitalized
American skier Lindsey Vonn crashed Tuesday while competing in the world championships at Schladming, Austria, and was taken to a hospital by helicopter after apparently hurting her right knee.

China Hit by Scandals Over Officials' Property
A raft of scandals involving local Chinese leaders who authorities say have amassed vast property holdings has put a spotlight on the nexus between official corruption and China's go-go real-estate market.

Egypt Currency Reserves Run Low
Egypt's foreign currency reserves dipped to the critically low level of $13.6 billion at the end of January, the central bank said Tuesday, a day after it took more steps to prop up its battered currency.

Hollande Calls for Exchange-Rate Policy
The French president urged euro-zone governments to consider ways to fulfill a mission the European Central Bank isn't mandated to carry out: run a foreign-exchange policy.

No End in Sight to Platinum Industry Woes
The platinum mining industry is in crisis and there is no end in sight to the problem of rising costs and falling demand, leaving little alternative to widespread mine closures, senior executives in the industry said.

ECB WATCH
ECB to Leave Rates on Hold, Eyed for Response to Euro's Rise
European Central Bank President Mario Draghi will have a chance Thursday to address growing concerns by some euro-zone politicians that the euro is becoming too strong and could threaten the bloc's nascent recovery.

Toyota Raises Fiscal-Year Outlook
Toyota raised its full-year outlook as it posted a 23% jump in net profit for the latest quarter, buoyed by a favorable foreign-exchange shift and strong sales in North America.

Gulf of Mexico Fines Hit BP
BP posted a 72% drop in profit for the fourth quarter, as production fell and it agreed to pay billions of dollars in fines to the U.S. to settle charges over the Deepwater Horizon spill.

Sinopec Raises $3.1 Billion as It Zeros In on Parent's Assets
Sinopec Corp. raised $3.1 billion from a share placement as it prepares to buy oil and gas assets from its parent company, but questions remain about how it will finance future acquisition plans.

787 Battery Fires Are Still a Mystery
Investigators remain stumped on the cause of burning batteries aboard two Boeing 787 Dreamliners, fueling pessimism about how quickly the grounded aircraft can resume flying.

Active Flu Season Boosts Walgreen's January Sales
Walgreen posted its first monthly same-store sales gain in a year in January, aided by an active flu season and firmer prescription orders stemming from the resolution of a contract dispute with a major pharmacy-benefits manager.

Advisers Brace for Pullback in Stocks
With U.S. stocks hovering near pre-recession levels, a return to more normal heights seems a logical bet. Trying to figure out just how much of a drop might be ahead and when to take advantage, however, isn't as clear cut.

Energy Matters: U.S. Paying More for Gasoline
Buckle up for a wild ride. U.S. consumers are buying less gasoline and paying more for it. While less demand should cure higher prices, consumers should see little relief any time soon at the pumps.

Inside Michael Dell's World
Michael Dell is close to finishing a risky $23 billion deal to take private the computer company he founded nearly 30 years ago, in an effort to remake Dell Inc. for a post-PC era.

Vietnam Allows New Refinery to Double Capacity
The Vietnamese government has allowed an oil refinery being built in central Phu Yen province to double its capacity as the country seeks to reduce its reliance on imported crude products.

Family Partnership Trims an Estate's Value
Creating an FLP can be a complicated process, and clients must meet certain conditions to pass IRS muster. But in this case, the nature of the clients' estate and their willingness to take on the process made it a good fit.

UBS Reports Loss
The lender said it is making progress in refocusing its investment bank on wealth management, as costs related to settling interest-rate rigging charges pushed it to a fourth-quarter net loss.

European Markets Bounce Back
European stocks rebounded Tuesday from a sharp selloff in the previous session, as decent service-sector activity in the U.S., the euro zone and China helped soothe frayed nerves.

Friend of Rape Victim Testifies in India
The trial of five men accused of raping a young woman in Delhi began, with the victim's friend, who was on the bus where the crime allegedly took place, testified for the prosecution, lawyers and police said.

BOE Expected to Keep Policy Unchanged
The Bank of England is unlikely to change tack on its strategy for reviving the economy, after data suggested the U.K. is likely to narrowly avoid its third recession in five years.

Brazil Real Higher as Global Markets Rebound
Brazil's real opened stronger against the dollar as global markets were poised for a rebound from the previous session's losses and economic data from overseas cheered investors.

Debt Payments Cause Political Woe in Ireland
Voters would be unhappy if the Irish government failed to win a deal to ease debt repayments, but not enough to cause the government's immediate collapse, experts said.

Japan Gets Away With Weakening the Yen
To Asian eyes it seems that the West unfairly chastises other's attempts at currency manipulation, yet there has been a conspicuous Western silence about the latest round of yen clobbering from Tokyo.

FX GLOBAL CALL: Our Take on the Day's Big FX News
The FX Global Call covers the main talking points from a news meeting involving DJ FX Trader editors in New York, London and Singapore, as well as other FX hot spots when warranted.

The Euro's Honeymoon is Over
The ECB convinced financial markets that all was well with the debt crisis and investors got back into bed with the euro. But it was all bit of a fairytale, writes Max Hastings.

Forex Market Shrugs Off Hollande Comments on Euro
Complaints about the strength of the euro step up a gear as French President Francois Hollande becomes the euro area's highest-ranking politician yet to wade in to the debate.

Vietnam Dissidents Receive Prison Terms
A court in Vietnam convicted 22 dissidents who attempted to carve out their own independent territory in a remote highland province and sentenced them to prison terms ranging from 10 years to life imprisonment.

Inside Kapaleeswarar Temple
Kapaleeswarar Temple in the southern Indian city of Chennai is situated in an ancient complex, where priests still perform rituals and visitors can learn of an intriguing past.

Hollande Calls for Euro-Zone Exchange Rate Policy
French President Francois Hollande calls for the euro zone to have a foreign-exchange policy to stem fluctuations and prevent a strong euro wiping out efforts to make economies more competitive.

Bangladesh Court Sentences Islamist Leader
A Bangladesh war crimes tribunal sentenced an Islamist politician to life in prison for his role in violence during the country's 1971 war of independence, a verdict that is likely to stir further political instability in the country.

Aero India Opens Wednesday
The U.S. will be the largest participant at India's main aerospace and defense event which kicks off Wednesday in Bangalore, as it aggressively pitches for billions of dollars in orders from the South Asian nation.

Cambodia Bids Farewell to a King
Cambodians poured into the streets of Phnom Penh to bid a final farewell to the late Norodom Sihanouk, a two-time king and energetic statesman widely revered for leading this Southeast Asian nation into independence.

KPN Issues Shares to Cut Debt
Dutch telecommunications company Royal KPN said it will raise cash by issuing new shares as it moves to reduce its ballooning debt following an expensive auction for high-speed mobile spectrum.

Asia in Pictures
Schoolgirls play traditional games at a folk art festival in Bangladesh, farmers harvest tea leaves in China, a worker prepares incense ahead of the Lunar New Year holiday in Indonesia, and more.

India Tax Collections May Fall Short
India is likely to miss its target to raise 5.05 trillion rupees ($90.7 billion) through indirect taxes in the current fiscal year through March as a slowdown in the economy has hurt collections.

Australia's Trade Gap Shrinks
Australia's trade deficit narrowed sharply, which economists said reflected the scaling back of investments in the mining sector as companies observed a slowdown in China's economy.

In Egypt, Iran Leader Gets Warning
The head of Egypt's most respected religious institution told Iran's president not to meddle with Iran's Sunni-majority neighbors, in a rare moment of candor that has raised tensions during Mahmoud Ahmadinejad's historic visit.

The Last Place Lance Can Race
Lance Armstrong expressed contrition for doping during his cycling career in an interview last month with Oprah Winfrey. But on Strava, a social network that lets athletes of all levels challenge each other, Armstrong appears unbowed.

House of the Day
Horse-Lover's House
This five-bedroom house near the South Coast of England has a two-bedroom annex, swimming pool, tennis court and extensive equestrian facilities in 21 acres of land.

The Age of Pandemics
The threat of deadly new viruses is on the rise due to population growth, climate change and increased contact between humans and animals. Larry Brilliant on what the world needs to do to prepare.